Project Management Office (PMO)
BETTER PROJECT MANAGEMENT = BETTER BOTTOM LINE
Poor strategies implemented beautifully are still poor strategies, while good strategies are a waste if they take too long to implement. A Project Management Office (PMO) ensures a correct, business goal oriented strategy and quick implementation.
Whether looking to manage specific projects, programs, enterprise programs, portfolios…the terms go on but the concept remains the same: assuring that projects are managed and completed to meet overall business objectives. As these terms differ in ways, they are often and usually interchangeable. The right mix and level of project management depends on multiple factors within an organization such as project management maturity, processes and governance structure. Project Management should integrate with these elements to amplify the benefits of the myriad of projects within an organization and assure their guidance toward a more profitable, effective and efficient company.
A PMO is a group of people with a mission to support project managers in the successful launch, implementation, and completion of projects and assist them in achieving project goals by sharing resources, methodologies, processes, tools and techniques across projects. A PMO provides project synergy towards reaching objectives in a timely and quality manner, allowing project managers to develop professionally more quickly than if in isolation and un-guided.